Renewable Energy, Solar, Wind, YSG Solar
July 8, 2020

With information courtesy of Clean Horizon, the Energy Storage Experts, the list below shows the top utility-scale energy storage battery projects—as of July 2020—that are either under development, in the planning stage, secured/financed, under construction, or have reached commercial operation.



Utility-Scale Energy Storage is still an emerging asset within the power sector and the structured finance market. In the United States, the traditional complexities around tax equity do not exist since standalone energy storage is not an eligible ITC item yet. This may change with the proposed GREEN Act that is under discussion as of July of 2020.



  • Tucson Electric Power Arizona: Over the next fifteen years, Tucson Electric Power of Arizona will replace coal energy generation with 2.5 GW of solar & wind, while also adding 1.4 GW of energy storage.

  • Gore Street Capital: Gore Street Capital have secured a 131 MW storage portfolio, including 81 MW of operational energy storage.

  • Renewable Energy Partners & Cubico Sustainable Investments: In southern Queensland, by the end of 2022, Renewable Energy Partners & Cubico Sustainable Investments will have developed 500 MW of wind power, pairing this with 50MW/200MWh of battery storage.

  • B.Grimm: B.Grimm has commenced development of a 95-MW Thai hybrid power project, with 50 MW of energy storage, near U-Tapao Airport.

  • SB Energy & Mitsubishi: In Hokkaido, Japan, SB Energy and Mitsubishi have finalized a 65 MW PV plant, which includes 19 MWh of battery storage.



Stay in touch with YSG to learn more about the state of the energy storage market. YSG is a project development company focused on distributed and utility-scale generation. Send us an email, or call at 212.389.9215 to learn more about energy storage.



YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.



Sources:

https://www.cleanhorizon.com/

https://www.cleanhorizon.com/news/top-5-energy-storage-news-july-03rd-2020